Economy / Tags / June

ECONOMY Fri Aug 29, 2008 @ 9:01am neoform

biz.yahoo.com -- Personal income fell in July after surging the prior two months because of $90 billion in economic stimulus payments. The Commerce Department said Friday that individual income decreased by 0.7% in July after a 0.1% jump in June and a 1.8% increase in Ma.. Read More

ECONOMY Wed Aug 27, 2008 @ 9:01am neoform

biz.yahoo.com -- WASHINGTON (AP) -- Orders for big-ticket manufactured goods turned in a second consecutive strong monthly performance in July, a far bigger-than-expected gain led by a huge jump in demand for commercial aircraft. The Commerce Department said Wednesday th.. Read More

ECONOMY Tue Aug 26, 2008 @ 12:01pm neoform

biz.yahoo.com -- The housing sector offered more discouraging news Tuesday, as new home sales rose slightly in July according to a key government report. July registered the increase in sales after June sales were revised downward. July sales came in at a seasonally adj.. Read More

ECONOMY Fri Aug 22, 2008 @ 9:01am neoform

biz.yahoo.com -- LONDON (AP) -- British economic growth ground to a halt between April and June, ending more than 15 years of continuous expansion, the government said Friday, as many fear the country is headed for recession. The growth figure of 0.0 percent is below eve.. Read More

ECONOMY Sat Aug 16, 2008 @ 9:01am neoform

biz.yahoo.com -- U.S. growth index hits 5-year low The Economic Cycle Research Institute's leading index fell to 126.4 in the week ended Aug. 8 from a downwardly revised 126.9 in the prior week. That's the lowest since '03. The research group blamed weaker money supply g.. Read More

ECONOMY Fri Aug 15, 2008 @ 9:01am neoform

biz.yahoo.com -- OMAHA, Neb. (AP) -- A review of Nebraska Beef Ltd.'s records prompted Thursday's recall expansion because USDA investigators determined the company's practices couldn't effectively control E. coli bacteria on June 24. About 1.36 million pounds of beef is.. Read More

ECONOMY Tue Aug 12, 2008 @ 12:01pm neoform

biz.yahoo.com -- WASHINGTON (Reuters) - The U.S. trade deficit shrank unexpectedly in June as the weak U.S. dollar helped push exports higher and overpowered record high prices for imported oil, a Commerce Department report showed on Tuesday. The trade gap totaled $56.8.. Read More

ECONOMY Tue Aug 12, 2008 @ 9:01am neoform

biz.yahoo.com -- WASHINGTON (AP) -- The U.S. trade deficit unexpectedly fell in June as exports advanced to an all-time high, offsetting another big surge in oil imports. The Commerce Department reported Tuesday the trade imbalance dropped to $56.8 billion in June, down.. Read More

ECONOMY Tue Aug 12, 2008 @ 9:01am neoform

biz.yahoo.com -- The U.S. trade deficit contracted in June, according to a government report released Tuesday, surprising economists who expected an increase. The Commerce Department reported that imports exceeded exports in June by $56.8 billion, down from a revised $59.. Read More

ECONOMY Sat Aug 9, 2008 @ 9:01am neoform

biz.yahoo.com -- Wholesale inventories up in June The 1.1% gain was much stronger than expected, fueled by higher prices for oil and other commodity goods. But wholesale sales shot up 2.8%, the biggest gain since March '04. Price-driven petroleum sales posted their bigge.. Read More

ECONOMY Thu Aug 7, 2008 @ 12:02pm neoform

biz.yahoo.com -- WASHINGTON (AP) -- A measurement of pending home sales rose in June in a rare piece of positive news for the beleaguered market. The National Association of Realtors' seasonally adjusted index of pending sales for existing homes rose 5.3 percent to 89 fr.. Read More

ECONOMY Thu Aug 7, 2008 @ 12:02pm neoform

biz.yahoo.com -- WASHINGTON (Reuters) - Home sales contracts signed in June unexpectedly rose, boosting an index of pending sales to the highest level since October, though it was well below the year-ago level, a real estate trade group said on Thursday. The National As.. Read More

ECONOMY Wed Aug 6, 2008 @ 9:02am neoform

biz.yahoo.com -- NEW YORK--(BUSINESS WIRE)--The Blackstone Group L.P. (NYSE: BX - News) today reported its second quarter 2008 results. For the quarter ended June 30, 2008, Total Net Reportable Segment Revenues were $376.2 million as compared to $32.3 million in this yea.. Read More

ECONOMY Mon Aug 4, 2008 @ 6:00pm neoform

biz.yahoo.com -- MCLEAN, Va.--(BUSINESS WIRE)--Gladstone Capital Corp. (NASDAQ:GLAD - News) (the “Company”) today announced earnings for the third quarter ended June 30, 2008. All per share references are per basic and diluted weighted average common shares outstandin.. Read More

ECONOMY Mon Aug 4, 2008 @ 12:01pm neoform

biz.yahoo.com -- WASHINGTON (Reuters) - Consumer prices jumped at the sharpest rate in more than a quarter century during June, and consumers coping with soaring costs received their smallest income gain in a year, the government said on Monday. The Commerce Department.. Read More

ECONOMY Mon Aug 4, 2008 @ 9:00am neoform

biz.yahoo.com -- Personal income rose slightly in June after surging in May when the first wave of stimulus checks arrived, the government reported Monday. The Commerce Department said individual income increased by 0.1% in June after a revised 1.8% jump in May. Economis.. Read More

ECONOMY Mon Aug 4, 2008 @ 9:00am neoform

biz.yahoo.com -- WASHINGTON (AP) -- Consumer spending, after adjusting for inflation, fell in June as shoppers were hit with the biggest increase in prices in nearly three decades. The Commerce Department reported Monday that consumer spending dipped by 0.2 percent in Ju.. Read More

ECONOMY Sat Aug 2, 2008 @ 12:00pm neoform

biz.yahoo.com -- ECRI's future inflation gauge hit a 6-year low in July, falling to 112.4 from June's 114.9. The data show that the inflation outlook is cooling, consistent with a shallow recession, ECRI says. The group says this will allow the Fed to hold rates and let t.. Read More

ECONOMY Fri Aug 1, 2008 @ 3:01pm neoform

biz.yahoo.com -- WASHINGTON (AP) -- Construction spending fell for the 11th time in the past 13 months in June as continued steep declines in housing activity offset strength in nonresidential building activity. The Commerce Department reported Friday that building activ.. Read More

ECONOMY Wed Jul 30, 2008 @ 9:01am neoform

biz.yahoo.com -- NEW YORK (Reuters) - Private employers added 9,000 jobs in July, according to a private report by ADP Employer Services released on Wednesday. In June, the private sector slashed 77,000, according to revised data. June was originally reported as 79,000.. Read More